MSloane Consulting, the industry's source of mining equipment for sale shares to you that a wholly owned subsidiary of Fronteer Development Group Inc., Aurora Energy Resources, announce that pilot plant leaching and resin-in-pulp (”RIP”) extraction tests on the Michelin and Jacques Lake uranium deposits in Labrador (the “Michelin Project”) provide strong support for the project’s viability and production potential. Highlights from the pilot plant and bench scale test work tell us that:
1. The Michelin Project mineralization is predicted to yield an average uranium recovery of 87.5%. 2. The proposed milling process for the Michelin Project is an effective method for treating the Michelin Project mineralization. 3. There will only be a modest consumption of energy and consumables. 4. The tailings test results meet Canadian environmental standards.
These metallurgical test results are from one of several engineering and economic studies Aurora commissioned over the last 18 months and that are now in the final stages of completion. Final data relating to Aurora’s tailings-management options, updated resource estimate, scoping study and economic benefits analysis will be reported in the months ahead.
